According to the Korea Gold Exchange on June 23, the trading price of silver (3.75g) was recorded at 13,430 won for buying and 11,240 won for selling. The buying price fell by 1.49% (200 won) compared to the previous day, while the selling price dropped by 2.49% (280 won).

International silver prices are drawing keen investor attention amid a mixed performance in the New York stock market and changing outlooks for U.S. interest rates. On June 22 (local time), the Dow Jones Industrial Average closed at 51,712.53, up 147.83 points (0.29%) from the previous trading day. Meanwhile, the S&P 500 index fell by 27.55 points (-0.37%) to close at 7,473.03, and the Nasdaq Composite Index dropped by 351.33 points (-1.33%) to finish at 26,166.60.

In the silver market, the future direction of monetary policy by the U.S. Federal Reserve (Fed) is acting as a major variable. If interest rates remain at high levels, the investment appeal of non-yielding precious metals may diminish. However, some analysts suggest that if expectations for rate cuts rise again, it could create a favorable environment for the precious metals market, including silver.

[※ This article is not intended to solicit investment, and the final decision and responsibility for investments lie with the investor.]